ANSWER Dear Investor,
Our investigation found that Quant Tekel (QT) claims to be authorized by the Financial Sector Conduct Authority (FSCA). While a search of the FSCA’s public licensee register does return a matching entity, the FSCA does not disclose associated domain names or websites. As a result, it is challenging to independently verify whether the online platform you are considering is officially associated to the licensed firm.
It is also important to note that the FSCA is generally regarded as an offshore jurisdiction with less stringent regulatory oversight and limited investor protection mechanisms. This means that holding an FSCA license does not offer the same level of security or recourse as licenses issued by more rigorous, major regulatory bodies.
Given these factors, we strongly advise exercising caution when engaging with this broker. We recommend conducting comprehensive due diligence before making any investment decisions.
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